How has been the historical performance of Lynx Machinery?

Answer:The historical performance of Lynx Machinery shows a consistent trend of zero net sales and operating income over the years, with no significant revenue generation from 2016 to 2023. The company's total expenditure, excluding depreciation, has fluctuated slightly, with a total of 0.44 crore in March 2023, down from 0.59 crore in March 2022. Operating profit has remained negative, with a loss of 0.43 crore in March 2023 compared to a loss of 0.06 crore in the previous year. The profit before tax also reflects losses, amounting to -0.54 crore in March 2023, worsening from -0.12 crore in March 2022. The profit after tax followed a similar trend, resulting in a loss of -0.54 crore in March 2023. The company's reserves have significantly deteriorated, showing a negative balance of -1,126.90 crore in March 2023, compared to -0.59 crore in March 2022. The earnings per share have also declined, with an EPS of -9.0 in March 2023, worsening from -2.0 in March 2022.

In terms of assets and liabilities, total liabilities increased to 12.56 crore in March 2025 from 4.77 crore in March 2023, while total assets also rose to 12.56 crore in March 2025, indicating a growing financial burden. The company's shareholder's funds have turned negative, showing -0.28 crore in March 2025, down from -0.53 crore in March 2023. Cash flow from operating activities has been negative, with a cash outflow of -8.00 crore in March 2024, reflecting ongoing financial challenges. Overall, Lynx Machinery has faced persistent operational and financial difficulties, with no signs of profitability or revenue growth over the observed period.

Breakdown:
Lynx Machinery has not generated any net sales or operating income from 2016 to 2023, indicating a lack of revenue generation. Total expenditure has seen a slight decrease, with 0.44 crore reported in March 2023. The company has consistently reported negative operating profits, with a loss of 0.43 crore in March 2023, and profit before tax also reflects a worsening loss of -0.54 crore. Reserves have significantly declined, showing a negative balance of -1,126.90 crore in March 2023. The earnings per share have deteriorated to -9.0 in March 2023. Total liabilities have increased to 12.56 crore in March 2025, while total assets have also risen to the same amount, indicating a growing financial burden. Shareholder's funds have turned negative, and cash flow from operating activities has been negative, reflecting ongoing financial challenges for the company.